Housing in Homer City, PA is much more affordable than the US House Median Value of $338,100, with the median value of houses in Homer City, PA being $118,700. This affordability has been reflected in the growth of house values over the last year with Homer City’s 1 year house appreciation rate being 10.35% compared to 8.27% for the US as a whole. Clearly this is an attractive market for those looking to purchase a home and invest in their future.
The median home cost in Homer City is $118,700. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Homer City is up 14.3%.
Average Age of Homes
- The median age of Homer City real estate is 71 years old
The Rental Market in Homer City
- Renters make up 27.6% of the Homer City population
- 0.0% of houses and apartments in Homer City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.